The stock of POET Technologies Inc (POET) has seen a -23.21% decrease in the past week, with a -1.66% drop in the past month, and a 22.86% flourish in the past quarter. The volatility ratio for the week is 9.87%, and the volatility levels for the past 30 days are at 12.54% for POET. The simple moving average for the last 20 days is -14.07% for POET stock, with a simple moving average of 46.92% for the last 200 days.
Is It Worth Investing in POET Technologies Inc (NASDAQ: POET) Right Now?
Additionally, the 36-month beta value for POET is 0.45. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for POET is 69.92M and currently, short sellers hold a 5.46% ratio of that float. The average trading volume of POET on January 14, 2025 was 2.28M shares.
POET) stock’s latest price update
The stock price of POET Technologies Inc (NASDAQ: POET) has surged by 3.05 when compared to previous closing price of 4.59, but the company has seen a -23.21% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-31 that Addresses global demand for high-speed optical engines for Artificial Intelligence networks Addresses global demand for high-speed optical engines for Artificial Intelligence networks
Analysts’ Opinion of POET
Many brokerage firms have already submitted their reports for POET stocks, with Northland Capital repeating the rating for POET by listing it as a “Outperform.” The predicted price for POET in the upcoming period, according to Northland Capital is $6 based on the research report published on November 18, 2024 of the previous year 2024.
POET Trading at -1.48% from the 50-Day Moving Average
After a stumble in the market that brought POET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.28% of loss for the given period.
Volatility was left at 12.54%, however, over the last 30 days, the volatility rate increased by 9.87%, as shares surge +8.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.72% upper at present.
During the last 5 trading sessions, POET fell by -23.13%, which changed the moving average for the period of 200-days by +245.62% in comparison to the 20-day moving average, which settled at $5.51. In addition, POET Technologies Inc saw -20.50% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for POET
Current profitability levels for the company are sitting at:
- -197.25 for the present operating margin
- -11.5 for the gross margin
The net margin for POET Technologies Inc stands at -260.69. The total capital return value is set at -0.79. Equity return is now at value -161.80, with -104.23 for asset returns.
Based on POET Technologies Inc (POET), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -47.96. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -286.45.
Currently, EBITDA for the company is -18.28 million with net debt to EBITDA at 1.39. When we switch over and look at the enterprise to sales, we see a ratio of 2402.09. The receivables turnover for the company is 0.27for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.
Conclusion
In conclusion, POET Technologies Inc (POET) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
